METALWORKING EQUIPMENT/MACHINE TOOLS
Global Market ($ million): N/A
U.S. Industry Revenue ($ million): $28,000
Employees: 184,000+
Companies: 8,000+
U.S. Exports ($ million): $6,600
U.S. Imports ($ million): $13,650
Top 5 U.S. Companies
 | MAG Industrial Automation Systems |
| Haas |
| Gleason |
| Hardinge |
| Flow International |
Top 5 Foreign Companies
| Trumpf (Germany) |
| Yamazaki Mazak (Japan) |
| Gildemeister (Germany) |
| Amada (Japan) |
| Okuma (Japan) |
Top International Markets
| Mexico |
| Canada |
| China |
| Germany |
| United Kingdom |
Top 5 International Issues
| Export controls and licensing procedures |
| Rising production costs |
| Shifting manufacturing to low cost countries (particularly Asia:China/India) |
| Increased competition from Asian imports |
| Global recession |
Top 3 Domestic Competitiveness Issues
| Credit Availability: Tightening of the credit markets making it more difficult for manufacturers to obtain financing. |
| Decline of the Big 3 automakers: the automobile industry accounted for the lion’s share of the metalworking equipment industry. |
| Taxes and the Economy: Lower the tax burden for U.S. manufacturers and increase R&D tax credits and programs. |
Updated 5/2009
- MAS Home
- OTM Home
- ------------------
- Aerospace Statistics
- Aerospace Reports
- Aerospace FAQs
- ------------------
- Automotive Statistics
- Automotive Reports
- Automotive FAQs
- ------------------
- Machinery Statistics
- Machinery Reports
- Machinery FAQs
- ------------------